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Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales92.6683.3011
OPM %9.8912.74-
PBDT14.5518.68-22
PBT12.0915.01-19
NP9.489.84-4

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UltraTech Cement to hold board meeting
Oct 06,2016

UltraTech Cement will hold a meeting of the Board of Directors of the Company on 17 October 2016 to consider and approve the un-audited financial results of the Company for the quarter and half year ended September 30, 2016 (Q2).

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Meghmani Organics to hold board meeting
Oct 06,2016

Meghmani Organics will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider, approve and take on record Un-audited Financial Results of the Company for the Second Quarter ended on September 30, 2016.

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Bayer CropScience to hold board meeting
Oct 06,2016

Bayer CropScience will hold a meeting of the Board of Directors of the Company on 19 October 2016 to take on record the Unaudited Financial Results & Limited Review Report of the Company for the quarter ended September 30, 2016 (Q2).

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Jammu & Kashmir Bank to hold board meeting
Oct 06,2016

Jammu & Kashmir Bank will hold a meeting of the Board of Directors of the Company on 6 October 2016.

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Bharat Bijlee to hold board meeting
Oct 06,2016

Bharat Bijlee will hold a meeting of the Board of Directors of the Company on 25 October 2016 to take on record and consider inter-alia the Unaudited Financial Results for the quarter ended September 30, 2016.

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Nalin Lease Finance to hold board meeting
Oct 06,2016

Nalin Lease Finance will hold a meeting of the Board of Directors of the Company on 20 October 2016 to consider and take on Record the Unaudited Financial Results for the Quarter ended on September 30, 2016.

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Zigma Software to hold AGM
Oct 06,2016

Zigma Software announced that the 27th Annual General Meeting(AGM) of the company on 29 September 2016.

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Proto Developers & Technologies to hold AGM
Oct 06,2016

Proto Developers & Technologies announced that the 21th Annual General Meeting(AGM) of the company on 29 September 2016.

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Colgate-Palmolive (India) to hold board meeting
Oct 06,2016

Colgate-Palmolive (India) will hold a meeting of the Board of Directors of the Company on 6 October 2016.

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Keerthi Industries to hold board meeting
Oct 06,2016

Keerthi Industries will hold a meeting of the Board of Directors of the Company on 4 November 2016 to consider and approve the Unaudited financial results for the quarter ended September 30, 2016.

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Gujarat Lease Financing to hold board meeting
Oct 06,2016

Gujarat Lease Financing will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider the unaudited financial results for the quarter and half year ended September 30, 2016.

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Punit Commercials to hold board meeting
Oct 06,2016

Punit Commercials will hold a meeting of the Board of Directors of the Company on 12 November 2016.

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Marathon Nextgen Realty gets High Court approval for scheme of amalgamation
Oct 06,2016

Marathon Nextgen Realty announced that the Honble High Court of Judicature At Bombay has on 06 October 2016 orally pronounced an Order, approving the Scheme of Amalgamation of Parmeka, a wholly Owned Subsidiary with Marathon Nextgen Realty.

The certified true copy of the said Order is awaited.

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All ASI Protected Historical Monuments and Archaeological Sites Declared Polythene Free Zones
Oct 06,2016

All ASI Protected Historical Monuments and Archaeological Sites have been declared Polythene Free Zones. Advisory has been issued to all State Governments/UTs to support ASI in keeping Monuments Polythene Free up to 300 meters from the protected boundaries of the Monuments. This information was given by Dr. Mahesh Sharma, Minister of State (I/C) for Culture and Tourism while briefing the media persons on the various initiatives of Ministry of Culture and Ministry of Tourism during Swachhata Pakhwada 16th - 30th September, 2016. He was addressing a Joint Press Conference on n++Swachh Bharat Missionn++ along with Shri Narendra Singh Tomar, Minister for Rural Development and Drinking Water & Sanitation.

He informed that Ministry of Culture has sanctioned Rs.350 crores to provide facilities like Protected Boundaries, Toilets and Disabled Friendly Access in all ASI Protected Monuments. Work has been awarded to PSUs like WAPCOS and TCIL. They have been directed to complete the work in the current financial year 2016-17.

The Minister said that ASI has ranked top 25 Adarsh Monuments on the basis of Cleanliness parameters such as amenities like toilets, green lawns, Polythene Free Zone, signage for awareness, disabilities access, drinking water and provision for garbage bins etc. n++Rani ki Vav (Gujarat)n++ a World Heritage Site has been declared as the cleanest iconic place in the country.

Dr. Mahesh Sharma further informed that 75 more Adarsh Monuments protected by ASI have been identified to be included in the Swachh Paryatan Mobile App launched by the Ministry of Tourism. With this a total of 100 Adarsh Monuments protected by ASI will be included in the Swachh Paryatan Mobile App. This App was launched in February 2016 and is monitored by the Project Monitoring Unit of Swachh Bharat Mission in Ministry of Tourism.

The Minister said that since the general public and the tourists are the largest stakeholders in keeping the monuments clean, the Ministry of Tourism has decided to facilitate the general public to communicate their complaints about any unclean area/garbage piles in and around tourist destinations. This useful mobile App enables a citizen to take photograph of garbage at the monument and upload the same along with his/her remarks. The application then sends an SMS to the ASI Nodal Officer concerned with the monument upon receipt of which the Nodal Officer gets the garbage cleared/removed. The Nodal Officer thereafter sends confirmation about the redressal of the complaint through an SMS to the complainant. This Mobile App is available on Google Search Engine as Swachh Paryatan.

Dr. Sharma said that on completion of 2 years of Swachhata Abhiyan, Ministry of Culture and Ministry of Tourism have taken up various initiatives namely: -(i) Creating permanent mechanism of cleanliness for all organisations under Ministry of Culture and Ministry of Tourism; (ii) to spread awareness through various cultural activities by involving all their organisations; and (iii) spread of swachhata awareness through Music, Dance and Drama by their Academies/Institutions and maintaining cleanliness at all ASI Protected Monuments etc.

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Lakshmi Machine Works slips on profit booking
Oct 06,2016

Meanwhile, the BSE Sensex was down 114.77 points, or 0.41%, to 28,106.21.

On BSE, so far 16,000 shares were traded in the counter, compared with average daily volume of 5,987 shares in the past one quarter. The stock hit a high of Rs 4,698.50 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 4,381.10 so far during the day. The stock hit a 52-week low of Rs 3,050 on 26 February 2016. The stock had outperformed the market over the past 30 days till 5 October 2016, rising 6.60% compared with 2.61% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 15.95% as against Sensexs 3.75% rise.

The mid-cap company has equity capital of Rs 11.27 crore. Face value per share is Rs 10.

Shares of Lakshmi Machine Works rose 10.17% in four trading sessions to settle at Rs 4,538.70 yesterday, 5 October 2016, from its close of Rs 4,119.75 on 29 September 2016.

Net profit of Lakshmi Machine Works declined 23.3% to Rs 33.14 crore on 9.9% decline in net sales to Rs 544.70 crore in Q1 June 2016 over Q1 June 2015.

Lakshmi Machine Works manufacturers entire range of textile spinning machinery from blow room to ring spinning.

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